Image via Wikipedia By TERYL ZARNOWRalph Yore made a career out of being careful. After 12 years in the Marines, including a tour in Vietnam, he began his life's work in aircraft maintenance. He was a quality control inspector and supervisor with the Department of Defense in Vietnam, for Bell Helicopters in Iran and several airlines. Eventually, in 1984, he landed at Northrop Grumman in Hawthorne.
Yore, 73, spent 17 years at Northrop ensuring in essence that planes didn't fall apart during flight. Small things like that.
Now, in his retirement, another small thing has knocked him sideways.
When this husband and father of two took early retirement in 2001, he began receiving pension payments of $2,937.93 per month.
In April of 2009, he received a letter saying that an audit discovered a mistake: For the past eight years he had been paid $1,261 per month too much. His payments should have been reduced when he began collecting Social Security.
Yore's payments were corrected to $1,676.93 per month.
The letter came from Vought Aircraft that inherited his pension plan when it was split from Northrop. Vought is now part of the Triumph Group.
In March of 2010, Yore received a second letter: To recover the overpayment, the pension plan will deduct $709.40 per month. His new monthly payment is suddenly $967.53.
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